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HomeMy WebLinkAbout2017-08-24-F04 Phillips Hamilton Purchase Agr AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: August 24, 2017 AGENDA ITEM: Consideration of approval of a resolution approving Purchase Agreement [Phillips-Hamilton, Inc.] FORMAT: Resolution SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Proposed Resolution II. Option to Purchase PREPARED BY: Becky Schuett REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: THE CITY OF WAUKEE, IOWA RESOLUTION 14- RESOLUTION APPROVING PURCHASE AGREEMENT IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City of Waukee has received an Option to Purchase Agreement (hereinafter referred to as the “Agreement”) related to property owned by Phillips-Hamilton, Inc.; AND WHEREAS, the City Council of the City of Waukee deems it to be in the best interest of the City to purchase the property; AND WHEREAS, the proposed Agreement between Phillips-Hamilton, Inc., and the City of Waukee is attached as Exhibit “A”. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waukee that the Option to Purchase is approved. BE IT FURTHER RESOLVED that the Mayor is hereby authorized to executed said Agreement on behalf of the City and the City Staff is directed to proceed in accordance with the Agreement. Upon the determination of the City Attorney that the conditions of the offer have been satisfied and title delivered staff is authorized and directed to proceed with closing. PASSED, APPROVED, AND ADOPTED this 24th day of August, 2017. ____________________________ William F. Peard, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk ROLL CALL VOTE AYE NAY ABSENT ABSTAIN Anna Bergman R. Charles Bottenberg Brian Harrison Shelly Hughes Larry R. Lyon 310th STU AVE300th ST UTE AVE 6TH ST312th PL6th ST3rd STBRO D I E S T CORENE AVE HANNAH LNABIGAIL LNDUNHAM DRUNIVERSITY AVE SUGAR CREEK DR2nd ST CTAIDAN ST2nd STB A I L E Y C I R EMERSON L N WHISTLING CT 1st PL¯ Phillips Hamilton Property Legend Phillips Hamilton Property South Waukee City Limits Parcels Exhibit B